DENTSPLY SIRONA Inc. (NASDAQ:XRAY) Shares Purchased by Venturi Wealth Management LLC

Venturi Wealth Management LLC grew its stake in shares of DENTSPLY SIRONA Inc. (NASDAQ:XRAY) by 4,893.5% in the third quarter, according to its most recent filing with the SEC. The fund owned 2,297 shares of the medical instruments supplier’s stock after acquiring an additional 2,251 shares during the period. Venturi Wealth Management LLC’s holdings in DENTSPLY SIRONA were worth $62,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of XRAY. UMB Bank n.a. increased its position in shares of DENTSPLY SIRONA by 430.3% in the third quarter. UMB Bank n.a. now owns 928 shares of the medical instruments supplier’s stock worth $25,000 after acquiring an additional 753 shares in the last quarter. Capital Performance Advisors LLP purchased a new position in DENTSPLY SIRONA during the 3rd quarter worth approximately $27,000. LRI Investments LLC raised its stake in DENTSPLY SIRONA by 82.7% during the 2nd quarter. LRI Investments LLC now owns 1,246 shares of the medical instruments supplier’s stock valued at $31,000 after purchasing an additional 564 shares during the period. Rothschild Investment LLC purchased a new stake in shares of DENTSPLY SIRONA in the second quarter valued at $32,000. Finally, Kennebec Savings Bank acquired a new stake in shares of DENTSPLY SIRONA in the third quarter worth $35,000. 95.70% of the stock is owned by institutional investors.

DENTSPLY SIRONA Stock Up 2.3 %

XRAY stock opened at $18.28 on Friday. The firm has a market cap of $3.63 billion, a PE ratio of -8.83, a PEG ratio of 1.70 and a beta of 1.02. DENTSPLY SIRONA Inc. has a 1 year low of $17.21 and a 1 year high of $37.60. The company has a fifty day simple moving average of $23.92 and a 200 day simple moving average of $25.45. The company has a current ratio of 1.25, a quick ratio of 0.84 and a debt-to-equity ratio of 0.72.

DENTSPLY SIRONA (NASDAQ:XRAY) last announced its quarterly earnings results on Thursday, November 7th. The medical instruments supplier reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02. DENTSPLY SIRONA had a positive return on equity of 12.62% and a negative net margin of 10.59%. The company had revenue of $951.00 million during the quarter, compared to analysts’ expectations of $939.10 million. During the same quarter in the previous year, the firm earned $0.49 earnings per share. The business’s quarterly revenue was up .4% compared to the same quarter last year. Sell-side analysts anticipate that DENTSPLY SIRONA Inc. will post 1.84 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on XRAY shares. Robert W. Baird reduced their price objective on DENTSPLY SIRONA from $31.00 to $24.00 and set a “neutral” rating for the company in a research note on Friday, November 8th. Barrington Research reduced their price target on shares of DENTSPLY SIRONA from $36.00 to $24.00 and set an “outperform” rating for the company in a research report on Friday, November 8th. StockNews.com raised shares of DENTSPLY SIRONA from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th. Evercore ISI decreased their target price on shares of DENTSPLY SIRONA from $29.00 to $27.00 and set an “outperform” rating for the company in a research note on Tuesday, October 8th. Finally, Needham & Company LLC lowered their price target on shares of DENTSPLY SIRONA from $34.00 to $29.00 and set a “buy” rating on the stock in a report on Friday, October 25th. Six research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $29.50.

DENTSPLY SIRONA Company Profile

DENTSPLY SIRONA Inc manufactures and sells various dental products and technologies worldwide. It operates in four segments: Connected Technology Solutions, Essential Dental Solutions, Orthodontic and Implant Solutions, and Wellspect Healthcare. The company offers dental equipment comprising imaging equipment, motorized dental handpieces, treatment centers, other instruments, amalgamators, mixing machines, and porcelain furnaces; and dental CAD/CAM technologies to support dental restorations, such as intraoral scanners, 3-D printers, mills, other software and services, and a full-chairside economical restoration of esthetic ceramic dentistry, as well as DS Core, its cloud-based platform.